Visa Stock Recovers Early Losses: V Trades Up in Afternoon Session
Visa Inc. (NYSE: V), a cornerstone of the global payments network, demonstrated resilience in its stock performance on April 30th. As of 2:30 PM GMT-4, shares were trading at 342.56 USD.
This price represents a modest gain of 1.21 USD, or 0.35 percent, for the day’s trading. However, this positive figure emerged after a challenging start for Visa shareholders in the United States. The stock opened the session substantially lower at 334.44 USD, compared to its prior close of 341.36 USD.
The intraday price chart for Visa shows a significant V shaped recovery. After the weak open, the stock fell further to hit a low of 333.24 USD shortly after 10:00 AM. From that point, buyers stepped in, driving the price steadily upwards throughout the morning and afternoon, reaching a session high of 344.24 USD.
Key financial metrics provided for Visa include a market capitalization listed as 66.92KCr. The company trades at a price to earnings ratio of 34.52. Shareholders also benefit from a dividend yield of 0.69 percent.
In the context of its yearly performance, Visa’s current stock price is positioned within its 52 week range. This range extends from a low point of 252.70 USD to a high of 366.54 USD.
